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Chrysler to invest $63M in Warren Stamping Plant

Chrysler Group LLC said Wednesday that it plans to spend $63 million to expand capacity at its Warren Stamping Plant by as many as 3.6 million parts per year.

Chrysler's announcement comes after the Warren City Council in May approved of the company's tax abatement request.

Construction of a high-speed Servo Tandem Press line has begun and is expected to be completed late next year, Chrysler said in a statement.

The automaker said the new press line will increase capacity by as many as 12,000 hits per day.

Warren Stamping has operated since 1949. It stamps sheet metal parts such as hoods, roofs, liftgates, fenders and floor pans for a number of Chrysler Group vehicles assembled in the Midwest and Ontario. The plant’s 15 press lines produce about 80 million parts annually.

The new press line will result in no additional jobs at the plant, a Chrysler spokeswoman confirmed. Warren Stamping has about 2,000 employees working across three crews.